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What is a nonprofit?

A nonprofit is a charity and or a governmental organization. A nonprofit can be defined by a tax status, what the organization does with the surplus of money, having volunteers and a board of directors, and the work that is done is guided by a mission statement. Nonprofits are organizations that exist to make the world a better place.
There are a few common characteristics of a nonprofit. First, having a focus on a mission and a purpose. Second, a standard for of organization this includes volunteers, board of directors, donors and staff. Third, nonprofits are independent, nonprofits only answer to themselves.  Fourth, public benefit this means they serve the public. And fifth, voluntary board leadership. The board has the interest of the organization at heart and they lead with the mission statement and they make decisions about the organization related to the mission.
A question that I have after reading this is What are some of the intangible societal benefits that a nonprofit creates?

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Comments

  1. Emily TwitchellJanuary 23, 2018 at 5:26 PM

    I wish I could understand the how benefits question you have. But I love how you kept it simple and straight to the point on what you thought nonprofit is.

    Emily Twitchell

    ReplyDelete
  2. Victoria RestlerJanuary 24, 2018 at 7:52 AM

    Kristen, This is a great succinct list of the characteristics of nonprofits. I appreciate how you express each piece clearly and in your own words. And regarding your question about intangible societal benefits, I look forward to unpacking that question and the language in class this evening.

    Best
    Victoria

    ReplyDelete
  3. UnknownJanuary 24, 2018 at 11:44 AM

    I like how you defined a non-profit. It is very simple and easy to follow. I like how you kept the topic straight to the point and got your point across.

    ReplyDelete

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